Get started
Crypto-priest

Keeping an eye on 1h BOS - GBP/USD

British Pound / U.S. Dollar (OANDA:GBPUSD)  
Crypto-priest Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns GBPUSD gbpusdanalysis gbpusd_forecast
9
0
trendanalysis chartpattern gbpusd gbpusdanalysis gbpusd_forecast
Sunday planning - this week I want to keep an eye on the BOS on the 1h and see if theres a retest or break. Then using the 15m structure Ill plan an entry when the time comes.
Comment:
Hit the supply zone and failed to break above and continue structure. Currently in a range. Will be interesting to see what happens.

Im happy to see the bottom of the wick that hit the supply as new BOS but for now due to speed of rejection - use this as a zone.
Comment:
Waiting for structure to set Lower high / clean break of higher timeframe structure.
Comment:
Comment:
I took entry on a small FVG on the 5m as I saw a break of structure to the upside, looking at rejection on the 1h. I will admit this was a risky entry and it was almost stopped.

1% risk as always on entry.

I havent set a strict take profit, as Im around all day I will follow structure on the 5m and move the stop to new higher lows.

snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.